(Bloomberg) — European stocks were subdued as fears about the disruptive impact of artificial intelligence on industrial software canceled out a rebound in bank shares. Dassault Systemes dropped 10%. The Stoxx Europe 600 Index was little changed at the close. Along with banks, telecom and insurance stocks outperformed while media and technology shares led declines….
(Bloomberg) — European stocks were subdued on Friday, weighed down by a broad retreat across banking shares and disappointing sales growth at L’Oreal SA. The Stoxx Europe 600 Index was down 0.1% by the close, still posting a third straight weekly advance. L’Oreal dropped 4.9% after the French beauty giant revealed sales were much weaker…
(Recasts with preliminary close of trading, adds market details) Cooling systems firms fall after Nvidia CEO’s comments Memory and storage chipmakers hit record highs Stock valuations pricey ahead of earnings season Jan 6 (Reuters) – Wall Street ended higher on Tuesday, as chip stocks surged on renewed AI optimism, Moderna rallied and the Dow Jones…
